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Business Segments
 6 Months Ended
Sep. 29, 2024
Segment Reporting [Abstract]  
Business Segments Business Segments
Effective April 1, 2023, the Company created a new line of business and operating segment named New Ventures in addition to the existing lines of businesses: Energy Systems, Motive Power, and Specialty. The results of New Ventures include start-up operating expenses captured within the "Corporate and other" category of operating earnings. New Ventures provides energy storage and management systems for demand charge reduction, utility back-up power, and dynamic fast charging for electric vehicles.

Summarized financial information related to the Company's reportable segments for the second quarter and six months ended September 29, 2024 and October 1, 2023, is shown below:
 Quarter endedSix months ended
September 29, 2024October 1, 2023September 29, 2024October 1, 2023
Net sales by segment to unaffiliated customers (1)
Energy Systems$382,091 $422,466 $743,142 $847,014 
Motive Power366,744 355,206 732,899 705,987 
Specialty134,834 123,361 260,544 256,601 
Total net sales$883,669 $901,033 $1,736,585 $1,809,602 
Operating earnings by segment
Energy Systems$24,361 $25,563 $43,361 $55,212 
Motive Power57,590 53,448 113,556 103,816 
Specialty7,338 5,587 12,238 15,404 
Corporate and other (2)
25,281 18,894 51,106 36,297 
Inventory step up to fair value relating to acquisitions - Specialty(1,883)— (1,883)— 
Inventory adjustment relating to exit activities - Specialty— — — (3,098)
Restructuring and other exit charges - Energy Systems(747)(2,227)(4,524)(2,715)
Restructuring and other exit charges - Motive Power(1,088)(3,479)(2,483)(5,038)
Restructuring and other exit charges - Specialty(389)(1,528)(1,155)(5,790)
Amortization - Energy Systems(6,013)(6,219)(12,014)(12,436)
Amortization - Motive Power(187)(231)(370)(342)
Amortization - Specialty(1,952)(702)(2,654)(1,404)
Acquisition expense - Energy Systems(5)(8)(11)(13)
Acquisition expense - Motive Power (3)(77)(11)(162)
Acquisition expense - Specialty (1,082)— (2,434)— 
Integration costs - Energy Systems(55)(166)(225)(249)
Integration costs - Motive Power— — — — 
Integration costs - Specialty(1,779)— (1,779)— 
Other - Energy Systems— (136)— (797)
Other - Motive Power— (45)— (428)
Other - Specialty— (60)— (198)
Total operating earnings (3)
$99,387 $88,614 $190,718 $178,059 

(1) Reportable segments do not record inter-segment revenues and accordingly there are none to report.
(2) Corporate and other includes amounts managed on a company-wide basis and not directly allocated to any reportable segments, primarily relating to IRA production tax credits. Also, included are start-up costs for exploration of a new lithium plant as well as start-up operating expenses from the New Ventures operating segment.
(3) The Company does not allocate interest expense or other (income) expense, net, to the reportable segments.